An outstanding opportunity awaits in the heart of Remuera's 'Blue Chip' Double Grammar prized location. This much-loved 1970's 2-bedroom concrete block (ground floor) apartment offers spacious open plan living, a separate kitchen, a bathroom, and a single lock-up garage. It is situated on a North facing 1/10th share of an 1876sqm elevated sun-filled section. All this is ideally located within a short stroll to Remuera Village and transport. Attention singles, couples, first home buyers, downsizers, and investors alike. The property features tiles roofing, concrete walls, and is in average condition both in terms of its walls and roof. The floor area is 115sqm, and it comes with a Cross-Lease ownership type.
The capital value of the property has seen a significant increase, from $960,000 in July 2017 to $1,160,000 in June 2021, marking a 20.83% growth. The HouGarden AVM estimates the property's value at $1,112,500. The latest sale was recorded on January 7, 2024, for $950,000, a substantial increase from its previous sale price of $425,000 on November 22, 2009.
The property is zoned for several highly regarded schools, including Auckland Grammar, Epsom Girls' Grammar School, and Baradene College, all with a decile rating of 9. Remuera Intermediate and Remuera School are also within the zone, with decile ratings of 8 and 10, respectively. This makes it an ideal location for families looking for quality education options.
Updated on April 06, 2024.